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Our History
JCC RE evolved
through CRS (L) from
Cameron Richard & Smith Insurance Services Ltd (CRS London), a
Lloyds Broker concentrating on London Market reinsurance business
particularly marine and energy. JCC RE's CE Jeremy Camps
joined in 1988 to enhance the foreign content of the group's business
based on his existing connection in Europe and Asia, Malaysia in
particular. Operating from London and using London as the
main placing market CRS successfully developed a major account in Asia
- primarily as treaty and excess of loss brokers.
Realising the needs
of the clients
for on the spot service as well as the potential of local reinsurance
markets then developing CRS Holdings Board decided to set up CRS Labuan
in 1997 - one of the first international reinsurance brokers to realise
the potential of this base (licence number 008) and this operation soon
evolved from a KL marketing office to a fully fledged reinsurance
broking company with its own accounting and claims staff. In
2000 Jeremy Camps with partners purchased a substantial share of CRS
(L) with CRS London holding a minority shareholding.
The final evolution
is into the
separate and independent JCC RE. Effective 1st January 2005
CRS London shareholding was purchased by CRS (L) Chairman, Mr. Peter
Hammersley.
JCC RE appreciates
that
international service and connection is important to clients and have
strived to form a good and close connection with a number of
independent Lloyds Brokers who can provide services in particular the
London Market "Niche" areas where our clients most need support.
Our
CE Jeremy Camps has been visiting Malaysia since 1976 and handling
Malaysian business ever since. What does this show:-
commitment. When following the resignation of the first
Chairman
who had made the role his own no one was willing to take over a
Chairman of the Labuan International Insurance Association, Jeremy was
volunteered and agreed to take this on. The LIIA represents
all
members of the Labuan Insurance Industry including international
reinsurers almost all the major reinsurance brokers, to direct life
brokers and even captives (the new developing market). It
involves a considerable amount of work but Jeremy feels that this is
his commitment to Malaysia and development of its markets - internally
and internationally.
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